Hiring at the executive level is a critical process, and the outcome will affect your company for many years. The person you hire will play a role in determining the direction of your company, aligning the business, inspiring and mobilizing employees, and engaging with stakeholders. Finding the best executive for the job is not just a good idea — it’s vital.
While your team may be considering conducting a search independently, there are a few compelling reasons to partner with an executive recruiter.
If you want to find the missing piece of your executive leadership puzzle, learn how a specialized recruiter can help your team navigate today’s increasingly complex talent landscape.
Executive recruiters can bring the following benefits to your search.
Hiring at the executive level isn’t the same as recruiting entry-level employees. You not only need to recruit differently, but you also need to evaluate candidates for a higher-level set of skills, including business acumen, financial knowledge, and leadership ability.
You can’t afford to “try out” an executive to see how they might perform. You must hire top talent the first time around.
An executive recruiter will have extensive experience identifying and evaluating candidates for critical roles. They know what it takes to get the job done, and their expertise will ensure that you receive applications from qualified candidates who are the right fit for the role.
Posting a job opening online is the way to go for entry-level positions. However, going this route can spell disaster for an executive search. When filling higher-level positions, you don’t want applications from a wide range of candidates. You want a targeted search that produces candidates with the right skills, personality, and experience.
Executive recruiters have access to large networks of qualified candidates, most of whom are not actively searching for a position and would never visit a job board to do so.
Using exclusive organizations and private lists, your recruiter will help you find candidates you never would have known about on your own.
Executive searches require sensitivity and confidentiality for several significant reasons. First, you don’t want your competitors to know what executive positions you are hiring for and which candidates you are considering, as this may prompt them to go after the same people.
If you are making an internal hire, you are legally obligated to keep the chosen employee’s career information confidential until the process is finalized. If your current executive is underperforming, confidentiality will help you keep relationships intact and emotions at bay.
Finally, your external candidates may be employed elsewhere and prefer that their colleagues remain unaware of their career plans. An executive recruiter knows how to keep sensitive information private and maintain integrity throughout the process.
Being in business means forming and maintaining relationships with many people you will grow to know, like, and trust. While this is great for business, it can present a problem during the executive search process.
You may prefer one candidate over another because of your professional ties. Things can get even more complicated if your preferred candidate is an internal hire.
An executive recruiter will provide an objective lens and voice, helping you choose candidates based on their qualifications and avoiding bias. This ensures that your team selects the best person for the position, ultimately benefiting your business in the long run.
Does your team have time to comb through all the resumes you’ll receive from potential candidates? Your executive recruiter understands how to combine the power of intelligent technology with expertise in reviewing resumes to wade through a stack of applications in record time without compromising search quality.
Not only will your recruiter help you find the best candidate, but they’ll shorten your time to hire — something often unheard of in the executive world.
Your compensation package is key to attracting the right candidate for the position. A highly sought-after executive may have several offers to consider and will likely go with the company offering the best combination of salary and benefits.
An executive recruiter will have extensive industry knowledge and can assist in negotiating a compelling package that will make the position much more attractive to the candidate you most want to land.
Growing businesses don’t often have extensive human resources teams who understand the depth and breadth of experience that executive recruiting takes.
Even if your company does have a stellar HR department, you could likely benefit from having an executive recruiter who can focus solely on your executive search.
A specialized recruiter will ensure that the executive role you’re hiring for gets the attention it needs and deserves.
Not only is this more likely to yield the right candidate for the job, but it also allows your HR professionals to return their focus back to daily business so that non-executive employees aren’t neglected during the search process.
Hiring at the executive level requires a unique skill set that ensures you pick a candidate who will be successful in their position. Anything less can put your business in jeopardy of losing much more than just time and money.
An executive recruiter can help mitigate the risk of hiring the wrong candidate and take the burden off of your team by ensuring a smooth process from start to finish.
When you work with the right recruiter, you’ll get the benefit of access to extensive search networks, expertise in evaluating a candidate’s track record, and an understanding of how to craft a competitive compensation package that gives you the best chance of getting a “yes.”
These advantages not only have the potential to shorten your search, but they can help you find just the person you need to take your company to the next level.